Íslandsbanki has received a letter from Arion Bank hf. where an interest is expressed to commence merger talks with Íslandsbanki. The Board of Directors of Íslandsbanki will discuss the letter and decide on the Íslandsbanki’s next steps pertaining thereto next week.

This announcement is released by Íslandsbanki hf. and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the statement described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Ellert Hlöðversson, CFO of Íslandsbanki hf.